Big League Shuffle

IPO of China's ICBC
To Jolt Asian Rankings
Of Investment Banks

By

Keri Geiger

Updated Oct. 19, 2006 12:01 a.m. ET

HONG KONG -- The initial public offering of Industrial & Commercial Bank of China, valued at as much as $22 billion and slated to price tomorrow, is set to shake up the investment-banking "league tables" that rank the top stock-offering advisers and their revenue Asia.

ICBC's offering, the first dual Shanghai and Hong Kong listing and likely the biggest IPO in history, will generate about $400 million in revenue for the five so-called book runners in charge of the up-to-$16 billion international portion of...